CATL drives global low‑carbon energy transformation with record profits and new technologies
CATL has reported strong financial results for the third quarter of 2025, achieving operating income of 104.186 billion yuan (about $14.3 billion USD), a year‑on‑year increase of 12.9 percent. Net profit attributable to shareholders reached 18.549 billion yuan ($2.55 billion USD), up 41.2 percent compared with the same period last year. On average, the company earned more than 200 million yuan ($27.5 million USD) in net profit per day during the quarter.
The company's net profit margin rose to 19.13 percent, an increase of 4.12 percentage points year‑on‑year, with profit growth outpacing revenue growth. Net cash flow from operating activities in the first three quarters totaled 80.66 billion yuan ($11 billion USD), up 19.6 percent. Since listing in Hong Kong, CATL's stock price has more than doubled, cementing its position as a core asset in the global new energy market.
CATL continues to lead in technological innovation. In September 2025, it launched the NP3.0 battery safety platform, which integrates eight core technologies including flame‑retardant electrolytes and nanodot‑coated cathodes. This ensures that in extreme thermal runaway scenarios, batteries remain high‑voltage uninterrupted, power is not lost, and no open flames or smoke occur. In June 2025, CATL began mass production of its next‑generation 587Ah energy storage cell, the first of its kind in the industry, offering a 10 percent increase in cell energy density and a 25 percent boost in system energy density compared with the previous generation.
Globally, CATL has expanded its footprint with factories and R&D bases in Europe, Indonesia, and North America. Its Hungarian plant is in the equipment commissioning stage, the German plant is fully profitable, and the Spanish project has officially launched. From January to October 2025, CATL's domestic battery installations reached 246.82 GWh, accounting for 42.79 percent of the Chinese market. Worldwide, CATL held a 36.6 percent market share in power battery installations from January to September 2025, ranking first globally. In the energy storage battery market, CATL also led with more than 30 percent of shipments in the first half of the year.
The company is strengthening its industrial ecosystem through partnerships. In 2025, CATL signed a ten‑year strategic cooperation agreement with HyperStron, securing at least 200 GWh of battery purchases between 2026 and 2028. It also partnered with JD.com and GAC Group to launch the Aion UT, which integrates CATL's chocolate battery swap system and high‑temperature battery technology. The swap system is designed to be compatible with future solid‑state batteries, ensuring continuous technology upgrades for users.
CATL, or Contemporary Amperex Technology Co., Limited, was founded in 2011 and is headquartered in Ningde, Fujian Province, China. It is the world's largest supplier of electric vehicle batteries and energy storage solutions, known for its innovations in lithium‑ion and next‑generation battery technologies. The company plays a central role in advancing global carbon reduction goals through its leadership in technology, market share, and industrial collaboration.
